DA Davidson Forecasts Home Depot’s FY2025 Earnings (NYSE:HD)

The Home Depot, Inc. (NYSE:HD) – Equities researchers at DA Davidson lifted their FY2025 earnings per share (EPS) estimates for shares of Home Depot in a research report issued to clients and investors on Friday, February 14th. DA Davidson analyst M. Baker now forecasts that the home improvement retailer will post earnings per share of $15.13 for the year, up from their prior forecast of $15.08. DA Davidson currently has a “Buy” rating and a $466.00 target price on the stock. The consensus estimate for Home Depot’s current full-year earnings is $15.12 per share. DA Davidson also issued estimates for Home Depot’s Q4 2025 earnings at $3.02 EPS and FY2026 earnings at $16.07 EPS.

HD has been the topic of a number of other research reports. TD Cowen increased their price objective on Home Depot from $440.00 to $460.00 and gave the company a “buy” rating in a report on Monday, October 28th. Wells Fargo & Company increased their price objective on Home Depot from $440.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday. Mizuho increased their price objective on Home Depot from $435.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. Bank of America increased their price objective on Home Depot from $425.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Finally, Stifel Nicolaus increased their price objective on Home Depot from $375.00 to $400.00 and gave the company a “hold” rating in a report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-one have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $433.44.

Home Depot Stock Down 0.7 %

HD opened at $409.47 on Monday. Home Depot has a fifty-two week low of $323.77 and a fifty-two week high of $439.37. The business has a 50-day moving average of $404.49 and a 200-day moving average of $396.14. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. The company has a market capitalization of $406.75 billion, a PE ratio of 27.82, a price-to-earnings-growth ratio of 4.22 and a beta of 1.05.

Hedge Funds Weigh In On Home Depot

Several hedge funds and other institutional investors have recently modified their holdings of HD. Norges Bank bought a new position in shares of Home Depot during the 4th quarter worth approximately $5,032,910,000. International Assets Investment Management LLC raised its position in Home Depot by 51,250.1% in the 3rd quarter. International Assets Investment Management LLC now owns 8,779,833 shares of the home improvement retailer’s stock valued at $35,575,880,000 after purchasing an additional 8,762,735 shares during the last quarter. Raymond James Financial Inc. bought a new position in Home Depot in the 4th quarter valued at $2,212,546,000. Proficio Capital Partners LLC raised its position in Home Depot by 21,394.9% in the 4th quarter. Proficio Capital Partners LLC now owns 2,039,862 shares of the home improvement retailer’s stock valued at $793,486,000 after purchasing an additional 2,030,372 shares during the last quarter. Finally, Northern Trust Corp raised its position in Home Depot by 13.3% in the 4th quarter. Northern Trust Corp now owns 12,149,890 shares of the home improvement retailer’s stock valued at $4,726,186,000 after purchasing an additional 1,424,857 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling

In related news, EVP Ann Marie Campbell sold 100 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $402.58, for a total transaction of $40,258.00. Following the completion of the transaction, the executive vice president now owns 12,465 shares in the company, valued at $5,018,159.70. This trade represents a 0.80 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is owned by corporate insiders.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.